Tips on Maintaining the success of the family business Legacy

Tips on Maintaining the success of the family business Legacy




After many years of effort to build laborious and ultimately success, usually parents hope their children could be the successor to the effort. Unfortunately, not all children want to do it because it had a high desire to pursue his dream career each. In addition, many sounds jarring that says forward family business there was no challenge and stay thank Delish.

"Every option must work there are risks and challenges of each. When continuing the family business, you still have to have a new idea to build the company, just as the business had to build from scratch, "says Kasali Rhenald business practitioners, some time ago in Jakarta. When deciding to divert effort, there are two things to be aware of in order to remain successful.

1. Its the legacy
When deciding to give up the effort on a child, make sure that the child is indeed really want to continue your efforts. You should never force a child to continue the effort when they do not want it because it could be bad on the development effort.

"Parents should be able to tell the difference between the value of know-how with flair. Though in theory the value they are nice and are considered to be able to run the economy of the company, but when the interest and the talent they are not in it then they are not complementary, and useless, "he said.

The second requirement, make sure you've actually convinced that children are unable to continue your efforts. Don't be half measures because this will make the child is depressed in running the business. "Often parents still do not believe fully in children so that they are still dominant and tend to dictate his son. We recommend that you give confidence in them, "Kasali suggestions.

Instead, parents should behave as a mentor who is reliable, capable to coaching children by providing a variety of questions that build, and not dictate to do things according to his commandments. This coaching process will help the next generation to be able to think better, thus sharpening the ability and creativity to take a decision.

2. Heir
Become an heir to the effort doesn't mean you can enjoy legs and enjoy the results of parent undertakings lightly. Young entrepreneurs Billy Boen reveals, as successor to the effort should you have a variety of new thinking that supports the development of a better effort.

"The same time pioneering the effort from the start, an heir to the business also need to be sensitive to the circumstances surrounding it. You have to be observant look at the opportunities that exist, and acts to add value to the products or services of your company, "he said.

Similar with Billy, Rhenald also agree that each generation effort will definitely give a style changes within the company in accordance with his time. "If at the time of your parents used to information technology is not known, then as Your successor can make changes by adding products are sold online and more. This small gesture is an advancement of the effort, "said Kasali.

In addition, have an honest attitude, confident, open and also you should have. The openness on which parents pass down the effort You will help solve problems that may be difficult to resolved on its own.
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